Description
Investors! This investment opportunity is a portfolio of homes situated in Imperial County, CA also known as Lithium Valley. In this portfolio are single family residences that are owned and operated as rental properties. Given the age of the homes, there is minimal repair and capital expenditure outlays for the next buyer and resident turnover tends to be limited here. During the past couple of years, occupancy rates have been near 97% for homes and apartments with most units renting in less than 1 week of market entry. Imperial County continues to be a great place to live for those who like a small town, family-oriented feel with access to jobs, schools, shopping, dining and entertainment. For sale in this listing are 8 homes including 170 Sunset, Imperial is a 4bd, 2 bath, rent is $1375 per month; 299 Mustang, Imperial is a 3bd, 2ba, 1632sf, rent is $1,275 per month, 1260 Mullet, Salton Sea is a 3bd, 2ba, 1145sf, rent is $1,000 per month; 1290 Indian Ocean, Salton Sea is 4bd, 2ba, 1253sf, rent is $925 per month; 2768 Michigan Ave, Salton Sea is a 3bd, 3ba, 2100sf, rent is $775 per month; 289 Rosarito, Imperial is 3bd,2ba, 1035sf, rent is $1250 per month; 287 Rosarito, Imperial is 4bd/ 2ba, 1410sf, rent is $1,300 per month; 241 Schoshonean, Imperial is 5 bd/2ba, 2021sf, rent is $1,325 per month. Total annual income is $110,700. The total Portfolio of 22 homes is available to purchase in increments as noted in the attached document.
Location
Similar Listings
$999,999,999
MLS# AR23015168
ACTIVE
Listing Agent: Henry Liu
Courtesy of: CBD Investment Inc.
Office phone: 626-566-2221
$650,000,000
MLS# 190052903
ACTIVE
Listing Agent: Miguel Bush
Courtesy of: United Real Estate San Diego
Office phone: 619-500-2020
16 Beds
22 Baths
25,025 Sq ft
$225,000,000
MLS# 22151323
ACTIVE
Listing Agent: Kurt Rappaport
Courtesy of: Westside Estate Agency Inc.
Office phone: 310-247-7770
14 Beds
46 Baths
56,500 Sq ft
$155,000,000
MLS# 23231909
ACTIVE
Listing Agent: Drew Fenton
Courtesy of: Carolwood Estates
Office phone: 310-623-3600
9 Beds
14 Baths
20,841 Sq ft
$150,000,000
MLS# 22166189
ACTIVE
Listing Agent: Aaron Kirman
Courtesy of: AKGRE Inc
Office phone: 424-249-7162
12 Beds
17 Baths
$139,000,000
MLS# 22216345
ACTIVE
Courtesy of: The Beverly Hills Estates
Office phone: 310-626-4248
34 Beds
26 Baths
$125,000,000
MLS# ML81893105
ACTIVE
Listing Agent: Helen Miller
Courtesy of: Compass
Office phone: (650) 529-1111
6 Beds
7 Baths
$98,500,000
MLS# 220012834SD
ACTIVE
Listing Agent: Patricia Kramer
Courtesy of: Pacific Sotheby's Int'l Realty
Office phone: 858-756-2800
6 Beds
7 Baths
$98,500,000
MLS# 22151423
ACTIVE
Listing Agent: David Kramer
Courtesy of: Hilton & Hyland
Office phone: 310-278-3311
8 Beds
14 Baths
21,800 Sq ft
$87,000,000
MLS# 21101899
ACTIVE
Listing Agent: Aaron Kirman
Courtesy of: AKGRE Inc
Office phone: 424-249-7162
12 Beds
24 Baths
38,000 Sq ft
$85,000,000
MLS# 22163315
ACTIVE
Listing Agent: Ginger Glass
Courtesy of: Compass
Office phone: 310-230-5478
11 Beds
19 Baths
27,150 Sq ft
$85,000,000
MLS# 21791862
ACTIVE
Listing Agent: Fred Bernstein
Courtesy of: Westside Estate Agency Inc.
Office phone: 310-247-7770
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
Listing Agent: Patricia Seay Courtesy of: Pat Seay Real Estate Office phone: 760-562-1436 Based on information from CRISNet MLS all data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Updated: 4th February, 2023 3:25 PM (UTC)
